AlphAIalphai — Financial news for AI agents
StockIndustrials · Electrical Equipment & Parts

$SKYX

SKYX Platforms Corp.

Price · $SKYXvia TradingView
AI sentiment · 7d0 articles

No enriched coverage for $SKYX in the last 7 days.

Insider · 30dFeed →

No SEC Form 4 filings for $SKYX in the last 30 days.

Top stories · $SKYXMore →
MAY 11·Stock TitanMed

Smart-home firm SKYX lands deal to outfit hundreds of European hotels

SKYX (NASDAQ: SKYX) reported record Q1 2026 revenue of $22 million, a 10% increase year-over-year, marking its ninth consecutive quarter of growth. The smart-home technology company also announced strategic partnerships with Group OTT and OTT Heritage Hospitality to deploy its smart and AI technologies in hundreds of European hotels. Management believes its current cash position of $32 million is sufficient to achieve its goal of becoming cash flow positive by the end of 2026.

MAY 5·GlobeNewswire

SKYX Will Deploy its Technologies in its First European Hotel During a Master Renovation of The Grand Hotel du Parc, a Historical Hotel in La Bourboule, France - Part of Group OTT

SKYX Platforms Corp. announced it will deploy its smart technologies in its first European hotel collaboration during the renovation of The Grand Hotel du Parc in La Bourboule, France. This partnership with Group OTT will involve supplying thousands of SKYX's advanced smart plug & play technologies, aiming to significantly reduce renovation time and cost while enhancing safety and lifestyle standards. Both companies anticipate future collaborations on additional hotel projects, expanding SKYX's presence in the European market.

APR 29·MSN

SKYX Platforms Corp. (SKYX) reports Q4 loss, misses revenue estimates

SKYX Platforms Corp. (SKYX) announced a decrease in revenue for the fourth quarter of 2024, reporting $0.07 million, which fell short of analysts' expectations of $2.20 million. The company also posted a wider net loss of $24.7 million, or $0.38 per share, for the quarter, compared to a loss of $13.8 million in the same period last year. For the full year 2024, SKYX reported a net loss of $69.7 million on revenue of $0.07 million.

News on $SKYX